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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. It is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in Berbice, Guyana. The Company, through one of its subsidiaries, holds an interest in a Petroleum Prospecting Licence (PPL) and related Petroleum Agreement (PA) on the Corentyne block in the Guyana Basin, offshore Guyana. The Company, through its subsidiary Grand Canal Industrial Estates, is constructing the Berbice Deep Water Port. This facility, located on the eastern bank of the Berbice River, adjacent to and north of Crab Island in Region 6, Guyana, is being constructed on 30 acres with 400 m of river frontage. Its subsidiaries include CGX Resources Inc., GCIE Holdings Limited and CGX Energy Management Corp. It is the operator of the Corentyne block and holds a 27.48% working interest. Its Wei-1 exploration well is located west of the Kawa-1 discovery in the northern region of the Corentyne block.


TSXV:OYL - Post by User

Post by dragonfly454on Dec 09, 2021 11:13am
282 Views
Post# 34214556

watch the Cad $1.00 Wall

watch the Cad $1.00 WallAt this point into the afternoon expect a dump of 50000 to 100000 shares to breach the Cad $1.00 resistance and to flip the stop losses at $1.00 ..the game is on then expect buying at the Cad 0.95 all the way back up to Cad $1.10 -$1.15 by close of market.If it is to be a green day ...but expect collateral damage by 2 pm ..take care..Birayni is served.




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